15 JANUARY 2022
Every year, we are asked about the tax impact of various Christmas or holiday related gestures. Here are our top issues.
From 1 July 2021 small employers with closely held payees and micro employers reporting quarterly will need to commence reporting through single touch payroll (STP). The STP report is due at the same time as the employer’s activity statement.
LOSS CARRY BACK TAX OFFSET TOOL
Loss carry back (LCB) provides a refundable tax offset that users may be eligible to claim in their 2021 or 2022 company tax return.
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